Earlier quoted context omitted.
as a Chinese raised in China myself, this happens pretty regularly since years ago. I don’t think Winnie the Pooh has big balls to attack Taiwan in recent future. China has too much to lose right now.
But China is too much coupled with the western economy to even sanction effectively. I think CCP must be watching this to see the cost and benefits Russia gets for invading Ukraine, which would definitely influence their decision even more than Afghanistan would have. If the cost for Russia is too low, then they wouldn't be risking much.
Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
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Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#21290%! Did we really let ourselves become so reliant on Ukraine and Taiwan for computer chips? Taiwan being the next country most under threat. In fact, Reuters just reported that "Taiwan warns Chinese aircraft in its air defence zone" https://www.reuters.com/world/asia-pacific/taiwan-reports-ni...
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#213Earlier quoted context omitted.
The United States has all kinds of tariff and other subsidies for key industries. Foreign airlines and shipping companies are literally blocked from providing domestic US services. (That's also why all major US cruise ships touch a foreign port in their journey). Steel and autos and much of agriculture are also heavily protected. These are all anti-consumer and bad public policy.
Good info. But why is this bad policy? Is globalization really just better? Because "the consumer" (whom is usually also an employee/business owner and a citizen) may be able to buy stuff for a bit less?
That's not the right question to ask. The right question to ask is 'Who is this bad for?'
The Jones act, for instance, is good for US shipworkers, and for enforcement of US shipping laws, but moderately bad for Hawai'i, and really, really bad for Puerto Rico.
Who do you care more about? Preserving the comfort of the continental American middle class employed in maritime transportation, or a bunch of people in Puerto Rico? The answer to that question determines how you see the Jones act.
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#214This is not the reason. Pure and simply Russia needs people, its dying. Low birth rate, high death rate, little immigration to make up the short fall (who wants to move to Russia :)), and to top off a weak economy that will struggle to support a small less active workforce. Interestingly Ukraine has pretty much the same population problem. This will be increasingly common problem for countries as population growth sl…
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#215Earlier quoted context omitted.
"We saved some money" is how economics works in price competitive markets. This is a result of many players doing what keeps each one competitive, but without collaborating on what the large scale effects are down the road.
It's actually a result of the spineless geriatrics in the government not being willing or able to keep up with an evolving world. We see the same with climate change.
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#216EU and US response to Russia is totally ineffective. They should have moved troops in from the beginning.
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#217Earlier quoted context omitted.
as a Chinese raised in China myself, this happens pretty regularly since years ago. I don’t think Winnie the Pooh has big balls to attack Taiwan in recent future. China has too much to lose right now.
Has China ever sent their army into another country post their independence ?
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#218EU and US response to Russia is totally ineffective. They should have moved troops in from the beginning.
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#219Earlier quoted context omitted.
And most importantly, economics assumes that the market is perfect, which it most certainly is not in practice. What we didn’t do enough is take the geopolitical landscape into this equation (or a potential pandemic, for that matter), which I hope changes after recent developments. I blame the governments mostly for this, I completely understand the businesses needing to do what’s best for business.
Business are still run by people. Nobody was forced to see someone else doing something shitty and then say "well I just need to be a bigger asshole than that guy! Must be okay 'cause it's not illegal" People have far too simplistic models of how things work, this is the consequence of a lack of understanding and shortsightedness
Re: Ukraine is a major producer of neon gas, critical for lasers used in chipmaking
#220Earlier quoted context omitted.
That's highly relevant! China may spend 1/3, but they are more efficient. We probably waste 1/2 or more of our spending. So it's possible we are closer to parity than it would appear if solely comparing budget.
> they are more efficient. Citation needed.